SkyView Investment Advisors LLC Sells 1,435 Shares of Micron Technology, Inc. $MU

Key Points

• SkyView Investment Advisors cut its Micron stake by 65.7% in the second quarter, selling 1,435 shares and retaining 750 shares valued at approximately $866,000.
• Micron insiders sold about 177,204 shares worth $182.2 million over the past 90 days, while institutional investors own 80.84% of the company.
• Analysts maintain a broadly bullish outlook, with a consensus “Buy” rating and a $1,295.63 price target, supported by strong AI-driven memory demand and recent earnings that exceeded expectations.

SkyView Investment Advisors LLC lowered its position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 65.7% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 750 shares of the semiconductor manufacturer's stock after selling 1,435 shares during the quarter. SkyView Investment Advisors LLC's holdings in Micron Technology were worth $866,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. High Note Wealth LLC boosted its holdings in Micron Technology by 65.4% during the fourth quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer's stock worth $25,000 after purchasing an additional 34 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in Micron Technology in the first quarter valued at $27,000. Bullseye Investment Management LLC acquired a new stake in Micron Technology in the 2nd quarter valued at $27,000. Bayban acquired a new stake in Micron Technology in the 4th quarter valued at $29,000. Finally, Financial Life Planners bought a new stake in Micron Technology during the 1st quarter worth about $36,000. 80.84% of the stock is owned by institutional investors.

Insider Transactions at Micron Technology

In other news, CAO Scott R. Allen sold 879 shares of Micron Technology stock in a transaction that occurred on Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the completion of the transaction, the chief accounting officer directly owned 34,958 shares in the company, valued at approximately $34,958,000. The trade was a 2.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Sumit Sadana sold 15,000 shares of the business's stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $934.29, for a total value of $14,014,350.00. Following the transaction, the executive vice president directly owned 191,021 shares in the company, valued at $178,469,010.09. The trade was a 7.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 177,204 shares of company stock valued at $182,156,264. Company insiders own 0.24% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on MU shares. UBS Group restated a "buy" rating on shares of Micron Technology in a research note on Monday, August 10th. Mizuho lowered their target price on Micron Technology from $1,375.00 to $1,300.00 and set an "outperform" rating on the stock in a research report on Tuesday, August 25th. The Goldman Sachs Group upped their target price on Micron Technology from $900.00 to $1,100.00 and gave the stock a "neutral" rating in a report on Thursday, June 25th. Royal Bank Of Canada increased their price target on Micron Technology from $1,200.00 to $1,500.00 and gave the company an "outperform" rating in a research report on Thursday, June 25th. Finally, DA Davidson raised their price target on Micron Technology from $1,500.00 to $2,000.00 and gave the company a "buy" rating in a research note on Thursday, June 25th. Four research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Micron Technology presently has a consensus rating of "Buy" and a consensus target price of $1,295.63.

Key Stories Impacting Micron Technology

Here are the key news stories impacting Micron Technology this week:

• Positive Sentiment: Micron demonstrated what it describes as the world’s first 512GB DDR5 RDIMM across multiple server platforms. The module reaches speeds of up to 9,200 MT/s and uses more than 60% less operating power than four 128GB modules, strengthening Micron’s position in data-center memory and AI infrastructure. Micron ultra-dense memory module announcement
• Positive Sentiment: Strong AI-related memory demand remains the core bullish argument. Analysts and industry commentary point to tight DRAM supply, high-bandwidth memory demand, planned capacity expansion and potentially extended shortages, supporting Micron’s revenue and pricing outlook. Micron AI memory cycle analysis
• Positive Sentiment: Micron appointed semiconductor veteran Deirdre Hanford to lead Micron Research Labs. The facility is backed by a planned $10 billion, decade-long investment focused on memory, compute architectures, advanced packaging and manufacturing, potentially supporting longer-term technology leadership. Micron Research Labs leadership announcement
• Neutral Sentiment: Commentary remains bullish, with some analysts and Jim Cramer supporting substantially higher price targets. However, these opinions are not new company guidance and depend on continued AI spending, strong memory pricing and successful execution. Jim Cramer Micron thesis
• Negative Sentiment: A Taiwan union representing Micron workers is keeping strike preparations alive while demanding a permanent profit-sharing arrangement. A labor disruption at a major manufacturing hub could create production delays, higher costs or additional uncertainty during a supply-constrained period. Reuters report on Micron Taiwan labor dispute
• Negative Sentiment: Recent warnings from AI leaders calling for slower development triggered a broader technology selloff and renewed questions about future hyperscaler spending. Although infrastructure demand may remain intact, any reduction in AI capital expenditures would threaten Micron’s high-growth memory outlook and elevated valuation. AI concerns affecting semiconductor stocks

Micron Technology Stock Performance

Shares of MU opened at $927.60 on Wednesday. The company has a market cap of $1.05 trillion, a PE ratio of 21.00, a price-to-earnings-growth ratio of 0.58 and a beta of 2.22. The firm has a 50-day moving average of $928.01 and a 200-day moving average of $764.35. Micron Technology, Inc. has a one year low of $154.65 and a one year high of $1,255.00. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.42 and a quick ratio of 2.98.

Micron Technology (NASDAQ:MU - Get Free Report) last issued its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $21.39 by $3.72. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The company had revenue of $41.46 billion for the quarter, compared to analysts' expectations of $35.91 billion. During the same period in the prior year, the firm earned $1.91 EPS. Micron Technology's quarterly revenue was up 345.8% compared to the same quarter last year. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, equities analysts forecast that Micron Technology, Inc. will post 72.93 earnings per share for the current year.

Micron Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Monday, July 6th were paid a $0.15 dividend. The ex-dividend date was Monday, July 6th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology's dividend payout ratio is currently 1.36%.

Micron Technology Profile

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron's products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.

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